No, completely opposite. It is like a regular, centralized, and controlled by the government ledger[1] but faster, no more batch files at the end of the day lik

No, completely opposite. It is like a regular, centralized, and controlled by the government ledger[1] but faster, no more batch files at the end of the day like ACH and that is all. Now is a matter of banks to pay the providers[2] to integrate with their systems and ledgers. [1] https://www.youtube.com/watch?v=le8Me8AfK8k https://www.youtube.com/watch?v=le8Me8AfK8k [2] https://www.frbservices.org/news/press-releases/072023-fednow-live-announcement https://www.frbservices.org/news/press-releases/072023-fedno...